CenterPoint Energy As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
CNP $0.80 5.3% 11.8% 6.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric & Gas Utility 2.9% 3 -7.0% Quarter 1996

CenterPoint Energy (CNP) will raise its quarterly dividend to $0.2675 per share. The increased dividend will be payable on March 10, 2017, to shareholders of record at the close of business on Feb. 16, 2017.

"The growth rate in our dividend is supported by solid earnings growth across all business segments," said Scott M. Prochazka, president and chief executive officer of CenterPoint Energy.  "The 4 percent increase is consistent with recent increases and marks the 12th consecutive year we have increased the dividend."

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. CenterPoint Energy's energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas. The company also owns a majority of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets.